Which bank launched the Multi-Option Payment Acceptance Device (MOPAD) to…

2019

Which bank launched the Multi-Option Payment Acceptance Device (MOPAD) to provide digital payment facilities to customers?

  1. A.

    ICICI Bank

  2. B.

    State Bank of India (SBI)

  3. C.

    Canara Bank

  4. D.

    HDFC Bank

Attempted by 180 students.

Show answer & explanation

Correct answer: B

The State Bank of India (SBI) launched the MOPAD (Multi-Option Payment Acceptance Device) to enable merchants to accept payments through cards, Bharat QR, UPI, and SBI Buddy Wallet on a single device.

Explore the full course: Niacl Ao It Specialist